When Is a College Like a Bank?A federal law regulating financial institutions poses puzzling security rules for academeBy DAN CARNEVALE When Congress passed the Gramm-Leach-Bliley Act in 1999, college officials paid little notice. Higher education seemed to have little to do with a law that requires financial institutions, such as banks and investment companies, to protect customers' private information... Copyright © 2009 by The Chronicle of Higher Education Subscribe | About The Chronicle | Contact us | Terms of use | Privacy policy | Help |